InRule Technology

InRule Technology, Inc. is a software company that specializes in developing a business rules management system (BRMS) designed to help organizations automate complex decision-making processes. Founded in 2002 and based in Chicago, Illinois, InRule provides a comprehensive solution that includes tools for authoring, managing, and executing business rules. Its offerings encompass irAuthor for defining rule applications, irVerify for testing and debugging, irStudio for developers, and irSDK for integration into existing systems. Additionally, InRule features irServer for performance monitoring and message handling, irCatalog for rule management, and irWord for authoring executable rules within Microsoft Word. The platform supports various environments, including JavaScript, Microsoft Dynamics CRM, Microsoft Azure, and Salesforce. By empowering business users with a low-code platform and advanced features such as real-time data processing and extensive API capabilities, InRule enhances decision-making across industries such as insurance, banking, healthcare, government, and manufacturing, ultimately driving operational efficiency and superior business outcomes.

Charles Snellgrove

CEO

2 past transactions

Barium

Acquisition in 2021
Barium is a Swedish company specializing in Business Process Management (BPM) solutions. Founded in 1995 and headquartered in Gothenburg, Barium offers an innovative low-code digital process automation platform designed to help enterprises automate and assure the quality of their business processes while keeping them up-to-date. The company's software enables users to digitize processes and develop custom applications visually, allowing for easy integration with existing systems. Barium's target customers are leading businesses and organizations that require efficient and adaptable process management solutions. The company's employees bring extensive experience and expertise in information management and Business Process Management.

simMachines

Acquisition in 2021
simMachines, Inc. is a Chicago-based company founded in 2012 that specializes in machine learning software designed to provide insights into the reasons behind predictions. Their technology focuses on delivering similarity-oriented solutions for advanced analytics, enabling users to discover patterns and anomalies in both structured and unstructured data. By emphasizing transparency, simMachines allows organizations to understand the "why" behind predictions, which helps ensure compliance with stringent Artificial Intelligence auditing standards. Their product offerings include verifyAI, a platform for developing dynamic predictive segmentation, and personifyAI, a web-based subscription service leveraging location-based mobile signals for behaviorally-based segmentation. The company's algorithms facilitate real-time recommendations, thereby enhancing marketers' ability to create personalized and relevant consumer engagements while driving efficiency and innovation across various applications, including marketing, fraud detection, and compliance.
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